TTAN on Nasdaq

ServiceTitan

Logo: ServiceTitan, Public domain, via Wikimedia Commons5

American software company

ServiceTitan, Inc. is an American cloud-based software company headquartered in Glendale, California.3 From Wikipedia, CC BY-SA 4.0

$76.31 up 3.62 (4.99%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 19, 2026.

Overview

$961.0MRevenue, fiscal 20266
-$159.9MNet income, fiscal 20266

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  • TickerTTAN on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersGlendale, California1
  • Websiteservicetitan.com
  • Incorporated inDE7
  • Business address800 N. Brand Blvd., Suite 100, Glendale, Ca 912037
  • Filer categoryLarge accelerated filer7
  • Legal formCorporation

ServiceTitan, Inc. is an American cloud-based software company headquartered in Glendale, California. It provides customer relationship management (CRM) software for tradespersons, with applications focused on sales, customer service, marketing automation, e-commerce and analytics.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

70.1%Gross margin6
-17.6%Operating margin6
-16.6%Net margin6
24.5%Revenue growth, 20266
-10.5%Return on equity6
0.00×Debt to equity6
$105.4MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription Revenue brought in 74% of the revenue ServiceTitan broke down this way in fiscal 2026.

  1. Subscription Revenue$712.3M674%up 26% from 2025
  2. Usage Revenue$213.1M622%up 23% from 2025
  3. Professional Services and Other Revenue$35.5M64%up 10% from 2025
Products and services by year
Products and services202420252026
Subscription Revenue$441.5M$565.7M$712.3M
Usage Revenue$140.3M$173.8M$213.1M
Professional Services and Other Revenue$32.6M$32.4M$35.5M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue30¢$287.2M
  • Research and development31¢$302.6M
  • Other costs38¢$368.4M
  • Income tax0¢$2.7M

Out of $961.0M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending4¢$4.7M
  • Kept or used elsewhere96¢$105.4M

Out of $110.1M of cash from operations.6

Financial statements

Revenue96$961.0M in 2026+105% since 2023
0$250.0M$500.0M$750.0M$1.0B2023: $467.7M$467.7M20232024: $614.3M$614.3M2024+31%2025: $771.9M$771.9M2025+26%2026: $961.0M$961.0M2026+24%
Gross profit96$673.7M in 2026+153% since 2023
0$200.0M$400.0M$600.0M$800.0M2023: $266.0M$266.0M20232024: $376.6M$376.6M2024+42%2025: $500.9M$500.9M2025+33%2026: $673.7M$673.7M2026+34%
Operating income96-$169.2M in 2026−24% since 2023
-$300.0M-$200.0M-$100.0M02023: -$221.9M-$221.9M20232024: -$182.9M-$182.9M2024−18%2025: -$230.0M-$230.0M2025+26%2026: -$169.2M-$169.2M2026−26%
Net income96-$159.9M in 2026−41% since 2023
-$300.0M-$200.0M-$100.0M02023: -$269.5M-$269.5M20232024: -$195.1M-$195.1M2024−28%2025: -$239.1M-$239.1M2025+23%2026: -$159.9M-$159.9M2026−33%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2026-01-312025-01-312024-01-31
Total revenue$961.0M$771.9M$614.3M
Total cost of revenue$287.2M$271.0M$237.7M
Gross profit$673.7M$500.9M$376.6M
Sales and marketing$290.9M$253.3M$220.0M
Research and development$302.6M$263.1M$203.5M
General and administrative$249.5M$214.5M$136.0M
Total operating expenses$842.9M$730.9M$559.5M
Loss from operations-$169.2M-$230.0M-$182.9M
Interest expense-$7.2M-$15.5M-$16.4M
Interest income$19.3M$8.8M$7.1M
Loss on extinguishment of debt-$1.5M
Other income (expense), net$1.5M-$72.0K$1.2M
Total other income (expense), net$12.1M-$6.8M-$8.1M
Loss before income taxes-$157.1M-$236.8M-$191.0M
Provision for income taxes$2.7M$2.3M$4.1M
Net loss-$159.9M-$239.1M-$195.1M
Adjustments to net loss attributable to common stockholders (see Note 15)-$120.6M-$45.9M
Net loss attributable to common stockholders-$159.9M-$359.7M-$241.0M
Net loss per share, basic-$1.73-$8.53-$7.24
Net loss per share, diluted-$1.73-$8.53-$7.24
Weighted-average shares used in computing net loss per share, basic92.4M shares42.1M shares33.3M shares
Weighted-average shares used in computing net loss per share, diluted92.4M shares42.1M shares33.3M shares

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The story

ServiceTitan was founded by Ara Mahdessian and Vahe Kuzoyan in 2007; their cloud-based platform launched in 2012.

In 2019, the company expanded outside the United States, opening an office in Yerevan, Armenia.

ServiceTitan was planning an initial public offering for 2022 before the market for them soured, but continued to work with investment banks Goldman Sachs and Morgan Stanley to prepare for a stock market listing in 2024. Following the 2024 United States presidential election, ServiceTitan filed for an initial public offering with the Securities and Exchange Commission. On December 12, 2024, ServiceTitan began trading on the Nasdaq under the ticker symbol TTAN, raising approximately $625 million in its initial public offering at $71 per share; shares surged 42% on the first day, opening and closing at $101 and valuing the company at approximately $8.9 billion. Prior to the IPO, the company raised $1.4 billion in eight rounds of funding from investors, including Iconiq Capital, Bessemer Venture Partners, TPG Inc., Index Ventures, and Mucker Capital.

From Wikipedia’s article on ServiceTitan, shared under CC BY-SA 4.0.8

Leadership

Who has led ServiceTitan, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. David Sherry2024–now
2025
Board members and other officers (8)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorDiya Jolly named May 3, 202423
  • DirectorMichael Brown named May 3, 202423
  • DirectorSameer Dholakia named May 3, 202423
  • DirectorWill Griffith named May 3, 202423

Products and brands

In 2025, ServiceTitan announced a new AI-powered tool, Atlas, to assist contractors with operations.

From Wikipedia’s article on ServiceTitan, shared under CC BY-SA 4.0.8

Acquisitions

In 2021, the company acquired Aspire Software, a company specializing in software for landscapers, and ServicePro, a company specializing in software for pest control and lawn care contractors.

In January 2022, the company acquired FieldRoutes, a mobile-software-as-a-service provider in the lawn care and pest control industry.

In April 2024, the company acquired Convex, a San-Francisco-based sales and marketing platform.

In June 2025, ServiceTitan partnered with ABC Supply Co. Inc. to provide roofing contractors. In September 2025, ServiceTitan acquired Conduit Tech, an HVAC sales and design platform. In the same month, ServiceTitan partnered with Ford Pro to integrate vehicle data and fleet management tools. In October 2025, ServiceTitan partnered with Home Depot's Path to Pro program.

From Wikipedia’s article on ServiceTitan, shared under CC BY-SA 4.0.8

Employees over time

  • 20242,8021

Timeline

  1. Dec 11, 2024New chief executive Ara Mahdessian becomes CEO14

Filings

334 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 13 major events, 154 insider forms, 20 large holders, 1 private raises, 136 other. The latest 20:

  1. Oct 15, 2026144 EDGAR
  2. Sep 23, 20264 PRIMARY DOCUMENT EDGAR
  3. Sep 21, 20264 PRIMARY DOCUMENT EDGAR
  4. Sep 21, 20264 PRIMARY DOCUMENT EDGAR
  5. Sep 21, 20264 PRIMARY DOCUMENT EDGAR
  6. Sep 21, 20264 PRIMARY DOCUMENT EDGAR
  7. Sep 17, 2026144 EDGAR
  8. Sep 17, 2026144 EDGAR
  9. Sep 17, 2026144 EDGAR
  10. Sep 8, 202610-Q/A EDGAR
  11. Sep 8, 202610-K/A EDGAR
  12. Sep 8, 202610-Q EDGAR
  13. Sep 8, 20268-K EDGAR
  14. Aug 17, 20264 PRIMARY DOCUMENT EDGAR
  15. Aug 14, 2026144 EDGAR
  16. Aug 13, 20264 PRIMARY DOCUMENT EDGAR
  17. Aug 13, 2026SCHEDULE 13G/A EDGAR
  18. Aug 12, 2026144 EDGAR
  19. Aug 11, 2026144 EDGAR
  20. Aug 6, 2026SCHEDULE 13G EDGAR

The 334 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

152 open-market trades by officers, directors and large owners since October 2021: 0 buys and 152 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 23, 2026O'Connor MicheleChief Accounting OfficerSale4,380$61.35$268.7KForm 4
Sep 17, 2026Sherry DavidChief Financial OfficerSale23,246$57.07$1.3MForm 4
Sep 17, 2026O'Connor MicheleChief Accounting OfficerSale5,581$57.07$318.5KForm 4
Sep 17, 2026Kuzoyan VahePresidentSale3,148$57.07$179.6KForm 4
Sep 17, 2026Mahdessian AraChief Executive OfficerSale3,148$57.07$179.6KForm 4
Aug 14, 2026Sherry DavidChief Financial OfficerSale9,000$90.83$817.5KForm 4
Aug 12, 2026Kuzoyan VahePresidentSale16,388$88.95$1.5MForm 4
Aug 11, 2026Kuzoyan VahePresidentSale114,732$88.84$10.2MForm 4
Aug 4, 2026Mahdessian AraChief Executive OfficerSale38,287$84.89$3.3MForm 4
Aug 3, 2026Mahdessian AraChief Executive OfficerSale49,766$84.75$4.2MForm 4
Jul 17, 2026Deeter Byron BDirectorSale0Form 4
Jul 16, 2026Deeter Byron BDirectorSale0Form 4
Jul 15, 2026Sherry DavidChief Financial OfficerSale2,276$79.31$180.5KForm 4
Jul 15, 2026Deeter Byron BDirectorSale0Form 4
Jul 14, 2026Deeter Byron BDirectorSale0Form 4
Jul 13, 2026Deeter Byron BDirectorSale0Form 4
Jul 10, 2026Deeter Byron BDirectorSale0Form 4
Jul 9, 2026Deeter Byron BDirectorSale0Form 4
Jul 8, 2026Deeter Byron BDirectorSale0Form 4
Jul 7, 2026Mahdessian AraChief Executive OfficerSale51,947$80.98$4.2MForm 4

All 152 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Apr 19, 2024Raised $24 million in a private offering of equity Form D: 39 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
ICONIQ Capital, LLC11,433,363$808.5M23.3%−94,269
BlackRock, Inc.5,196,349$367.4M0.0%+3,174,008
Fmr LLC5,082,314$359.4M0.0%+2,119,011
Kayne Anderson Rudnick Investment Management LLC3,751,462$265.3M0.8%−1,117,567
Millennium Management LLC3,143,620$222.3M0.2%+1,097,001
Vanguard Capital Management LLC2,762,030$195.3M0.0%+82,614
Vanguard Portfolio Management LLC2,689,848$190.2M0.0%+488,582
Battery Management Corp.2,587,094$182.9M49.7%−712,847
Citadel Advisors LLC1,962,797$138.8M0.1%+494,874
Jericho Capital Asset Management L.P.1,940,000$137.2M1.1%New
Index Venture Growth Associates IV Ltd1,711,862$121.0M72.3%No change
Morgan Stanley1,612,516$114.0M0.0%+803,948
Geode Capital Management, LLC1,582,203$111.9M0.0%+874,617
State Street Corp1,321,707$93.5M0.0%+929,370
Greenoaks LLC1,300,000$91.9M3.9%+55,275
Scge Management, L.P.1,229,285$86.9M1.5%No change
Generation Investment Management Llp1,180,780$83.5M0.8%−570,444
Franklin Resources Inc1,102,212$77.9M0.0%+1,280
Goldman Sachs Group Inc1,082,694$76.6M0.0%+190,845
Thoma Bravo, L.P.1,039,099$73.5M1.0%No change
Dragoneer Investment Group, LLC1,000,885$70.8M2.5%No change
Wells Fargo & Company/mn918,051$64.9M0.0%−108,527
Fuller & Thaler Asset Management, Inc.899,655$63.6M0.2%+33,358
First Trust Advisors LP835,906$59.1M0.0%+69,596
TimesSquare Capital Management, LLC827,286$58.5M0.9%−14,353

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 11, 2025Robert P. Bresnahan, Jr.Republican, HouseBuy$1,001 - $15,000−54.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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